Statistics:
The global IT-enabled healthcare market is estimated to account for US$ 464.73 Bn in terms of value by the end of 2027.
Statistics:
North America held dominant position in the global IT-enabled healthcare market in 2019, accounting for 39.0% share in terms of value, followed by Europe and Asia Pacific, respectively.
Statistics:
The global it-enabled healthcare market was valued at US$ 187.7 Bn in 2019 and is forecast to reach a value of US$ 464.7 Bn by 2027 at a CAGR of 12.0% between 2020 and 2027.
Market Trends/Key Takeaways
Emergence of novel coronavirus is boosting growth of the market. For instance, globally, as of 4:03pm CEST, 30 June 2020, there have been 10,185,374 confirmed cases of COVID-19, including 503,862 deaths, reported to World Health Organization.
Moreover, launch of pharmacy automation systems is also expected to aid in growth of the market. For instance, in February 2018, RxSafe, LLC launched RapidPakRx system, a new automated strip packaging system for retail and health system pharmacies that enables on-demand adherence packaging production
Figure 1: Global IT-enabled Healthcare Market Share (%) Value, By Region, 2019
Figure 2: Global IT-enabled Healthcare Market Value (US$ Bn), 2016 – 2027
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